Summary
- International Business Machines has seen a significant rebound in 2019.
- The acquisition of Red Hat allows IBM a significant opportunity to develop hybrid cloud further.
- Moreover, investors are being paid quite a nice dividend while waiting for growth.
- I take an optimistic view on IBM at this point in time.
International Business Machines (IBM) has been on a downward trajectory overall since 2017:
Source: investing.com
That said, there was a comment from a previous article that I found quite interesting:
Source: Previous Comment on Seeking Alpha